2012-12-01
2012-12-31
x The Kudlow Report
x detroit

PROGRAM
STATION
CNBC 3
LANGUAGE

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. >> and they have the polls that show that. >> 98% of america would be affected by this. >> i don't favor it. but politics are politics. i get it. the election spoke clearly. the american people spoke clearly. many republicans are signing letters that it has to be a balanced approach and they have walked away from the no new taxes pledge and said they would support a balanced approach. >> i understand, dave, that this is not the reagan supply side conservative position. i'm not jumping up and down about this. meeting the fiscal cliff or avoiding it might not be a bad thing, but i want to ask you. we talked about spending cuts. 60 billion dollars budget. will we get that much of a spending cut to go along with the tax increases on the upper end and the tax extensions in the middle? >> the sequestration is its own silo. you and i may see, will they change the mix on spending reductions? i think the dollar amount stays. >> the dollar amount. so $60 billion, more or less. >> more or less. >> it's homeland security, not just defense. >> yeah. that's always been one of the mischaracterizatio misch

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